美元/日元逆转推动美元反弹,“Sana Mania”能继续吗?。两周前,恐慌和恐惧充斥着头条新闻,因为对日元干预的广泛指控表明,可能会出现更大规模的套利解除。随着世界其他地区的复苏,日元利率保持低位,投资者可以从日本获得廉价资本,并将其投资到利率更高的其他地方,从而建立了一个庞大的套利交易。
USD/JPY Reversal Drives USD Bounce, Can ‘Sana-Mania' Keep it Going?.Two weeks ago, it was panic and fear permeating the headlines as widespread accusations of Yen-tervention pointed to the possibility of a larger episode of carry unwind. With Japanese Yen rates remaining low as the rest of the world recovered, a large carry trade built as investors could get cheap capital out of Japan and invest it elsewhere where rates were higher.